Remember that minimalist all-in-one virtual wallet, Coin, that aims to be the king of all cards? The product’s video pitch, which first made its rounds on Kickstarter in late November 2013 has been watched over a whopping 9 million times since it first debuted.

Singapore is admittedly heading towards an increasingly cashless society. It is undeniably easier to get around without any cash at hand. In fact, it is now a norm to expect to be able to pay for your food or your cab ride with a number of card choices. Any vendor that does not accept this form of payment is viewed as not fitting in and as a result considerably inconveniences its patrons.

As we move towards a society that places an increasingly higher value on plastics, card memberships and loyalty points, it seems an inevitable outcome that our wallets get bulkier. The simplicity and convenience that Coin brings might just be the solution to the problem of unnecessarily fat wallets. Retailing at only USD50 for a short time before it hits the markets at twice the price, tech lovers and early adopters are definitely going to want to get their hands on this minimalistic card before it hits mainstream.

Sadly however, for now, according to the FAQs users outside of the US can and should probably only use it for gift, loyalty and membership cards.